Media ININ Economy We Trust
Chinese technology giants are consolidating their position in the European video game market, with a number of them, such as “Tencent” and “NetEase” acquiring shares in studios designing these games, in light of the Beijing authorities imposing severe restrictions on this market in the major Asian country.
Two back-to-back deals were registered in France that demonstrated the appetite of Chinese companies to buy video game design studios. After NetEase announced at the end of August its acquisition of the independent Quantic Dream studio, the developer of the adventure game “Star Wars Eclipse”, its compatriot Tencent held At the beginning of September, an agreement was reached with the French company Ubisoft to inject 300 million euros into its capital by the Chinese company, which was originally a shareholder in the company.
